Accession Number:

AD0737320

Title:

Adaptive Policies for Markov Renewal Programs

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CA

Personal Author(s):

Report Date:

1971-11-01

Pagination or Media Count:

23.0

Abstract:

The paper recasts a class of infinite-state, infinite-action Markov renewal programs with unknown parameters as one-state programs with actions corresponding to stationary policies in the original program. Under suitable conditions, an adaptive nonstationary optimal policy is found in the sense of maximizing long-run expected reward per unit time.

Subject Categories:

  • Operations Research
  • Logistics, Military Facilities and Supplies

Distribution Statement:

APPROVED FOR PUBLIC RELEASE